Search found 5 matches
- Thu Mar 23, 2023 12:53 am
- Forum: MPSIMS
- Topic: Silicon Valley Bank collapse and its effects
- Replies: 96
- Views: 6873
Re: Silicon Valley Bank collapse and its effects
No, the evidence presented is "people with actual credibility/expertise said so". Deaddm has already provided explanations and sources (very patiently I might add), I'm not going to dig up more examples of consensus opinions on why it made sense to bail SVB out. Recognizing that you have l...
- Wed Mar 22, 2023 9:10 pm
- Forum: MPSIMS
- Topic: Silicon Valley Bank collapse and its effects
- Replies: 96
- Views: 6873
Re: Silicon Valley Bank collapse and its effects
I have the humility to recognize that I am not an expert in "bank runs" or "estimating the risk of recessions", so instead of confidently arguing from a position of ignorance, I will defer to the perspective of those with more expertise. Deaddm's perspective lines up with those o...
- Wed Mar 22, 2023 7:17 pm
- Forum: MPSIMS
- Topic: Silicon Valley Bank collapse and its effects
- Replies: 96
- Views: 6873
Re: Silicon Valley Bank collapse and its effects
As a followup (for Kaelik to bark at some more) - when you strip away the (signature) Kaelik strawmans and personal insults from this discussion, Kaelik's main contention seems to be that letting SVB fail (only backing the insured deposits) will almost certainly not result in a domino effect, and th...
- Wed Mar 22, 2023 6:34 pm
- Forum: MPSIMS
- Topic: Silicon Valley Bank collapse and its effects
- Replies: 96
- Views: 6873
Re: Silicon Valley Bank collapse and its effects
I had trouble telling your commentary apart since they showed the same level of understanding.
Though admittedly you are much quicker to reach for ad hominems rather than, you know, actually have a discussion on the merits.
Though admittedly you are much quicker to reach for ad hominems rather than, you know, actually have a discussion on the merits.
- Wed Mar 22, 2023 5:25 pm
- Forum: MPSIMS
- Topic: Silicon Valley Bank collapse and its effects
- Replies: 96
- Views: 6873
Re: Silicon Valley Bank collapse and its effects
I love how Kaelik started this thread with I don't know too much about finance but then proceeded to confidently argue, at length, about the likelihood of various events if the banks were/were not "bailed out". Like when Kaelik (and co) say things like this Secondly, if people lose their j...